August Theme: How Money Stress Impacts Mental Health—and What You Can Do About It
Why This Matters
Money isn’t just about dollars and cents—it’s deeply emotional.
It shapes where we live, how we eat, whether we can access healthcare, and even whether we can afford therapy when we’re struggling. That’s why financial wellness is mental wellness.
As summer winds down and the back-to-school season ramps up, many families and individuals begin to feel the pressure.
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Parents scramble to cover tuition, supplies, and childcare.
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Young professionals face rising rent, gas, and grocery costs.
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Many silently battle anxiety, guilt, or shame over financial struggles.
According to recent studies, over 60% of Americans say money is a major stressor—and the number is even higher in historically underserved communities.
This stress doesn’t just hurt emotionally—it can lead to physical health issues, strained relationships, and long-term burnout.
The Good News?
You don’t have to choose between your peace of mind and your financial future.
There are tools, strategies, and local resources that can help you rebuild your sense of control—one small, empowering step at a time.
Tips to Take Control of Your Financial Mental Health
1. Talk About It
Silence fuels shame. Whether it’s with a trusted friend, financial counselor, or therapist, speaking openly can be the first step to healing.
2. Break the Overwhelm
Don’t try to fix everything at once. Choose one action:
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Start a simple budget
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Cancel an unused subscription
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Call a utility company to ask about payment plans
3. Seek Local Support
There are organizations right here in the DMV that can help you with everything from food and housing assistance to financial literacy classes and low-cost counseling.
DMV-Area Resources for Mental & Financial Wellness
Here are some starting points to explore if you or someone you know is struggling:
Mental Health Resources
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DMV Crisis Link (Dial 988): 24/7 emotional support line
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Whitman-Walker Health (DC): LGBTQ+ affirming mental health and wellness services
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La Clínica del Pueblo (DC & MD): Culturally relevant services for Latino communities
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NAMI DC: Support groups, classes, and advocacy for mental illness
Financial Wellness Resources
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Capital Area Asset Builders (CAAB): Matched savings programs, financial education
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United Way of the National Capital Area: Financial empowerment centers
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Consumer Credit Counseling Service (CCCS): Free budgeting & debt advice
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Prince George’s Financial Empowerment Center: Job readiness and financial planning workshops
Final Thought
Money stress is real but you’re not alone, and you’re not powerless.
At Gatsby Showcase Foundation, we believe true health includes emotional, mental, and financial well-being. Let this month be your turning point.
Take the first step.
Protect your peace.
Build your financial wellness.